Energy & Oil

Latest Energy & Oil News

FG Moves to Cut Forex Dependence with Full Naira-for-Crude Rollout

The Federal Executive Council has officially directed the full implementation of the…

Oluwadara Akingbohungbe

Nigeria’s Oil and Gas Fabrication Surpasses Domestic Needs, Eyes Export Markets

Nigeria's oil and gas fabrication sector has achieved a significant milestone, now…

Genesis Obong

Nigeria’s Power Sector Overhaul: TCN Unbundled, NISO Board Inaugurated

In a significant move aimed at bolstering the efficiency and reliability of…

Genesis Obong

Commuters Still Paying High Fares Despite Fuel Price Drop, CNG Introduction

Despite reduced fuel prices and the introduction of cheaper Compressed Natural Gas…

Oluwadara Akingbohungbe

DisCos Achieve 94.61% Energy Offtake Amidst NERC Sanctions

Electricity Distribution Companies (DisCos) achieved an impressive 94.61% energy offtake during the…

Genesis Obong

NNPC Ships First Self-Chartered Crude Cargo to Europe, Signaling Shift in Nigeria’s Oil Export Strategy

The Nigerian National Petroleum Company Limited (NNPC) has marked a major milestone…

Oluwadara Akingbohungbe

Power Grid Collapse: Nigeria Loses 165MW After Towers Fall in Storm

In a significant disruption to Nigeria's power supply, the Transmission Company of…

Genesis Obong

NNPC Names New Senior Management Team Following GCEO Appointment

The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of…

Oluwadara Akingbohungbe